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Gold/Mining/Energy : Consolidated Envirowaste-CWD.V
CWD 1.380-0.7%3:58 PM EST

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To: D.W. who wrote (7)2/20/1997 9:56:00 PM
From: Bill Rogers   of 34
 
Hi Don
First, I have hard earned money in this operation. OK?
Unless I am reading a different 1997 Annual report page 5 tells me Doug R. Halward has a contract commencing January 1, 1992 for 5 years and has been renewed for three more years @ $75,000 per year. Not a lot of money today. OK? Now read the number of loans Doug,family and friends have in this company with convertible prices @ 1.50. This tells me the price has to go up to 1.50 before he even gets his investment back Then read about the warrants at between $1.43-1.94 You can keep good people only so long with stock options but sometime they want a return also just like you and I. Does that make sense? I told people in the company that the PR guy was not good after the first conversation I had with him but the contract was put to bed. So you write it off and be careful about who you get into bed with again<g>. Looks like they are doing a lot of travelling, product is good, and who can predict the government. Remember Al Gore in 1992? We shouild be drinking out of every river in the USA. by now. Have a good week and lets keep this going. OK?
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